I-T Reassessment Notices Based Solely on Information from Directorate General of GST is Invalid: Bombay HC quashes Notice [Read Order]

The court quashed the order and remanded the matter for de- novo consideration.
By Yogitha S. Yogesh - On May 24, 2024 7:29 am - 2 mins read
Bombay-high-court-notices-GST-Income-Tax-Re-Assessment-Notices-TAXSCAN

The Bombay High Court in a recent judgement has quashed the Income Tax reassessment notices as it was issued merely based on information received from the Directorate General of Goods and Service Tax ( GST ). KEC International Ltd, the petitioner assessee challenged a reassessment notice issued under Section 148A(b) of the Income Tax Act,…

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